From Monetary Restraint to Closet Keynesianism

Nigel M. Healey

doi:10.1111/j.1468-0270.1987.tb01857.x

From Monetary Restraint to Closet Keynesianism

Nigel M. Healey

Research output: Contribution to journal › Article › peer-review

Abstract

An examination of the Government's record suggests that although monetarist theory may survive intact. Mr Lawson has turned from monetarism to Keynesion counter‐cyclical demand management. Nigel Healey, Senior Lecturer in Economics at Leeds Polytechnic, charges that developments presented as technical adjustments conceal a fundamental change of direction in economic policy.

Original language	English
Pages (from-to)	24-29
Number of pages	6
Journal	Economic Affairs
Volume	7
Issue number	4
DOIs	https://doi.org/10.1111/j.1468-0270.1987.tb01857.x
Publication status	Published - Apr 1987

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title = "From Monetary Restraint to Closet Keynesianism",

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AB - An examination of the Government's record suggests that although monetarist theory may survive intact. Mr Lawson has turned from monetarism to Keynesion counter‐cyclical demand management. Nigel Healey, Senior Lecturer in Economics at Leeds Polytechnic, charges that developments presented as technical adjustments conceal a fundamental change of direction in economic policy.

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From Monetary Restraint to Closet Keynesianism

Abstract

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